Insolvency shock in Köngen: Matec is fighting for survival!

Insolvency shock in Köngen: Matec is fighting for survival!

Numerous companies in Germany are faced with the emergency of bankruptcy in 2024, and now it has also met the traditional machine and plant construction company Matec GmbH from Köngen. As Merkur , the company has become insolvent with around a hundred employees. Now the fate of Matec is in the hands of the provisional insolvency administrator Dr. Dietmar Haffa, who wants to check the economic situation of the company at high pressure and explore renovation options. Previous orders are checked, but new orders are not possible for the time being.

The background for this serious situation is diverse. Price increases, declines in sales and the economic consequences of Corona pandemic have strongly added to the machine builder. "Fewer sales in the industries of our customers inevitably mean fewer orders for us," said Matec Procurist Alfred Könemann. Even if the wages of the employees are initially secured by bankruptcy money until the end of January, an investor urgently needs to be found. Otherwise, Matec threatens to have to stop production from February to minimize further losses.

legal framework and procedure

The legal steps to bankruptcy were initiated on November 27, 2024, and the District Court of Esslingen has since Dr. Dietmar Haffa appointed as insolvency administrator. As Auction calendar in detail, measures to secure business assets are now required to ensure efficient renovation. The preliminary insolvency administrator has extensive powers to protect the company from adverse changes. A quick action is crucial to secure the financial stability and jobs of the employees concerned.